Instant payments are key to growing the regional economy, but the use of the US dollar adds unnecessary costs.
Browsing: Fintech
Financial inclusion requires that non-banks be able to clear and settle payments, the Reserve Bank has told TechCentral.
BankservAfrica’s latest update to real-time payments platform PayShap is designed to drive uptake of the service.
Lesaka Technologies is buying prepaid electricity submetering and payments business Recharger for R507-million.
Mama Money has launched a new bank card that allows card holders to manage their account and money through WhatsApp.
Technology investor Prosus hopes to list Indian digital payments and lending firm PayU next year.
Digital wallets are poised to reshape the way businesses interact with their customers.
Investec is launching a payments system for its corporate clients to process high-volume, low-value payments.
BankservAfrica has increased the upper payment limit for PayShap transactions from R3 000 to R50 000.
The rate of conversion from cash to digital in the FNB ecosystem is accelerating, the bank said on Tuesday.